Tag Archives: Recession

NAR chief economist: We may be in for a ‘most unique’ recession

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Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Continue reading →

Berkshire Hathaway sees real estate income plummet

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The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading →

Family, staff and hours: 7 sacrifices agents are making amid tough times

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As they consider the uncertain future ahead, here’s what real estate agents are giving up in their professional and personal lives. Continue reading →

‘Modest recession’ eyed in 2023, Fannie Mae economists predict

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Home sales now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1 percent decrease in home sales this year and 2.7 percent in 2023. Continue reading →

The economic downturn won’t end investment in real estate tech

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Two venture capitalists said Thursday that there’s still plenty of space for innovation and money to disrupt the real estate industry. Continue reading →

US market data suggests a checkmark-shaped real estate recovery

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The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate drop, three to four weeks at the bottom and a slow recovery period. Continue reading →

Making sense of the headlines: Why is there a housing shortage?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading →

How to use YouTube to boost your lead generation

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Want to easily locate thousands of leads, pay next to nothing for them and have very little competition? You can do exactly that if you’re willing to jump on YouTube, create your own channel, and follow Jackson Wilkey’s advice about how to go about it…. Continue reading →

‘Strong recovery’ on horizon, V curve possible, says real estate exec

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Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he’s optimistic about an economic recovery from the current pandemic. Continue reading →